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The maximum value of any prepaid payment instrument, where specific limits have not been prescribed, shall not exceed ______

  • A.Rs. 25000
  • B.Rs. 75000
  • C.Rs. 50000
  • D.Rs. 100000

Answer: C

Correct answer: Rs. 50000

Where no specific limit has been laid down for a category, the maximum value of a prepaid payment instrument is ₹50,000.

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